Energy

African Export-Import Bank (Afreximbank) has announced the launch of a $300 million concessional financing program targeted at supporting climate transactions...

Commercial crude oil production started in Nigeria in 1956 but local crude oil refining did not start until 1965 when...

The price of Automotive Gas Oil, commonly known as diesel, has surged dramatically in the past year, reaching an average...

The price of Automotive Gas Oil, popularly referred to as diesel, has soared by 66.29% year to date (YTD) to...

The average retail price of 5kg of Liquefied Petroleum Gas (cooking gas) increased by 13.75% from N6,521.58 recorded in April...

The average retail price of Premium Motor Spirit (Petrol) in Nigeria for May 2024 surged by 223.21% to N769.62 per...

Nigeria National Petroleum Corporation (NNPC) Limited alongside French energy major, TotalEnergies, will invest a swooping sum of $550 million to...

Nigerian oil company Aiteo has halted all production at oil mining lease (OML) 29 after detecting an oil leak at...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a ten-day extension for the registration and submission of pre-qualification documents...

The federal government through its petroleum ministry is bidding to host the headquarters of the newly established $5 billion Africa...